Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons.
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Energy giant BP has announced plans to axe more than 4,700 jobs as part of its latest restructuring plans in a blow to the economy. BP chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm’s plans to cut 4,700 jobs across the business and a further 3,000 contractor roles – al...
Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons.
The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.
The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.
UK chancellor ‘not satisfied’ with the current numbers, but promises the economy and living standards will improve
Financial services executive Frank Bisignano, Trump’s pick to become permanent commissioner of Social Security, faced lawmakers this morning in a...
In a bid to escape financial woes, French games giant Ubisoft said Thursday it was creating a new subsidiary around its most popular franchises such...
In a bid to escape financial woes, French games giant Ubisoft said Thursday it was creating a new subsidiary around its most popular franchises such...
The country's leading financial market regulator is facing jobs cuts which may weaken its ability to protect investors.
The country's leading financial market regulator is facing jobs cuts which may weaken its ability to protect investors.
The Lagos State Government has revealed plans to install speed light cameras and 3,000 e-police facilities in the…